The commercial property market is generally very healthy at the moment. Demand for properties for purchase is particularly high, while supply is slightly limited. For sellers, there is greater demand for smaller units – around 200-250 sqm – than larger units, which suffer from higher prices. In this regard, there are more properties available to rent than buy in the current climate.
For those looking to let or rent, square meter rates are sitting around $120/sqm. Looking to selling and purchasing, there is evidence of square meter rates sitting at no less than $24... Read more